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Journalize the transactions, assuming that the common stock is no-par with a stated
During its first year of operations, Ritter Corporation had these transactions pertaining
to its common stock. Jan. 10 Issued 90,000 shares for cash at $5 per share. July 1 Issued 50,000 shares for cash at $7 per share. Journalize the transactions, assuming that the common stock is no-par with a stated value of $1 per share |
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